DATABASICS Time & Expense Blog

A Pharma & Medical Tech Sunshine Act Compliance Cheat Sheet

The Sunshine Act (otherwise known as the Open Payments Program) comes with plenty of regulations about how pharmaceutical, biotech, and life sciences organizations report on their spending. This means that these companies are responsible for managing a new set of data in order to report all payments and gifts to healthcare providers. Here’s...

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5 Tools for HCPs to Prevent Expense Report Fraud

Even in 2018, organizations around the world are susceptible to fraud. A 2016 study by the ACFE (Association of Certified Fraud Examiners) found that “the typical organization loses 5% of revenues in a given year as a result of fraud.” For healthcare providers (HCPs), however, this problem can be especially challenging to solve because they...

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